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An auditor finds 2 deviations in a sample of 100 when the expected deviation rate is 1%, the tolerable deviation rate is 3%, and the
An auditor finds 2 deviations in a sample of 100 when the expected deviation rate is 1%, the tolerable deviation rate is 3%, and the computed upper deviation rate is 4.2%. 1) What can the auditor conclude about the effectiveness of the internal control? 2) What is the allowance for sampling risk? 4
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Auditing And Assurance Services
Authors: Robert Ramsay, Timothy J Louwers
4th Edition
007739657X, 978-0077396572
